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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

March 2026 20 articles
09 09

Cut in gas supply forces fertilizer companies to advance maintenance work

Several Indian fertilizer companies have advanced (brought forward) their scheduled annual maintenance shutdowns after Liquefied Natural Gas (LNG) supply to ...

GS Paper 3 (Agriculture Economy Energy Security) Economics Agriculture & Food Security 5m
09 09

Russian crude never left India’s import mix. It made up 1/3rd of oil imports from 2024 to 2026

Russian crude oil accounted for approximately one-third of India's total crude oil imports in February 2026, demonstrating the durability of the India-Russia...

GS Paper 2 (International Relations) GS Paper 3 (Energy Security) International Relations Economics 5m
09 09

AP-Genco plans two 3,200 MW ultra mega thermal plants

Andhra Pradesh Power Generation Corporation (AP-Genco) has announced plans to develop two ultra mega thermal power plants, each with a capacity of 3,200 MW. ...

GS Paper 3 (Economy: Infrastructure Energy Security) Economics 4m
09 09

Iran war’s effects already a reality in Europe: EU chief

European Commission President Ursula von der Leyen warned that the spillover effects of the Iran-US conflict were "already a reality" for Europe, describing ...

GS Paper 2 (International Relations International Institutions) International Relations Economics 5m
09 09

Free trade pacts opened two-thirds of global trade to India, created new markets for healthcare: Goyal

India now enjoys preferential trade access covering approximately two-thirds of global trade, following a dramatic expansion of its Free Trade Agreement (FTA...

GS2 (International Relations Trade Agreements) GS3 (Indian Economy Export Competitiveness) Economics International Relations 4m
09 09

As West Asia conflict intensifies, India prioritises LPG for households

India's government invoked emergency measures to prioritise household cooking gas (LPG) supply following the outbreak of the West Asia conflict and the effec...

GS Paper 3 (Indian Economy Energy Security) and GS Paper 2 (Social Justice) Economics International Relations 4m
09 09

India’s next export frontier: why the country should start exporting trains

India's IT and BPM sector crossed the $300 billion revenue milestone for the first time in FY2026, reaching $315.4 billion — a 6.1% year-on-year growth — but...

GS Paper 3 (Economy: Growth Development Trade) Economics 4m
09 09

The end of the ‘youthful’ state? India faces three-speed ageing

India's demographic transition is no longer a single national story. Analysis now reveals three distinct demographic "speeds" across Indian states — youthful...

GS Paper 1 (Society) GS Paper 2 (Governance Social Justice) GS Paper 3 (Economics) Social Issues Economics 5m
09 09

Oil at $100: Iran war puts India’s fuel prices and inflation outlook at risk

Global crude oil prices surpassed $100 per barrel and briefly touched $119.50 for Brent crude as the US-Israel war on Iran escalated through early March 2026...

GS3 (Indian Economy Energy Security Inflation Management) Economics 4m
09 09

Oil and Iran-U.S. war: Key takeaways in graphics

A data-driven analysis of the economic fallout from the Iran-US war highlighted the interconnected impacts on oil prices, supply chains, equity markets, and ...

GS Paper 2 (International Relations) GS Paper 3 (Economy) International Relations Economics Geography 4m
09 09

Congress President Kharge demands discussion on India's energy security

Rajya Sabha Leader of Opposition Mallikarjun Kharge submitted a formal notice to seek a discussion on India's energy security in Parliament, supported by sen...

GS Paper 2 (Polity Parliamentary Functions) GS Paper 3 (Energy Security) Economics International Relations 5m
09 09

India’s new GDP series to dig deeper into district economies

India's National Statistical Office (NSO) released a revised GDP series with a new base year of 2022-23 (replacing the previous 2011-12 base year) on Februar...

GS3 (Indian Economy Statistics Data Governance) Economics Polity & Governance 4m
09 09

FTAs to provide huge export opportunities for pharma, healthcare sectors: Piyush Goyal

India's recently concluded Free Trade Agreements — most significantly with the European Union — are expected to substantially expand export opportunities for...

GS2 (International Agreements) GS3 (Indian Economy Pharma Sector) Economics International Relations 4m
09 09

India's shrimp exports surge past Rs 50k crore amidst US tariff challenges

India's shrimp exports crossed ₹50,000 crore (approximately $5 billion) for the first time, despite significant headwinds from US tariffs that have created u...

GS Paper 3 (Agriculture Food Processing Indian Economy) Economics 5m
09 09

India may face $7–8 billion higher monthly import bill as crude surges

With Brent crude surging past $100 per barrel and reaching intraday highs above $119 in March 2026, India faces an estimated additional $7–8 billion in month...

GS Paper 3 (Indian Economy Balance of Payments) Economics International Relations 5m
09 09

Oil, rupee, markets: All alarms are blaring for India's economy

Brent crude oil surged past $100 per barrel in March 2026, reaching intraday highs above $116, driven by escalating US-Israel-Iran conflict and fears of disr...

GS Paper 3 (Indian Economy) GS Paper 2 (International Relations) Economics International Relations 5m
09 09

No immediate hike in petrol, diesel prices; adequate stock to meet any contingency: Sources

Despite global crude prices rising sharply due to the West Asia conflict (Indian crude basket reaching ~$113/barrel in March 2026), the Government of India a...

GS Paper 3 (Economy Government Intervention in Markets) Economics Polity & Governance 4m
09 09

No immediate hike in petrol, diesel prices despite crude crossing $100/barrel

Despite crude oil crossing $100 per barrel following the West Asia conflict, the Indian government indicated it would not immediately hike retail petrol and ...

GS Paper 3 (Indian Economy Infrastructure Resource Mobilisation) Economics 5m
09 09

Rupee falls 39 paise to close at all-time low of 92.21 against US dollar

The Indian rupee fell 39 paise in a single session to close at an all-time low of 92.21 against the US dollar on March 9, 2026 — a record depreciation driven...

GS Paper 3 (Indian Economy External Sector) Economics International Relations 5m
09 09

$100 oil shock set to strain Asia’s cash-strapped governments

Oil prices crossing $100 per barrel in March 2026, driven by the US-Israel-Iran conflict and Strait of Hormuz disruptions, are placing severe strain on gover...

GS Paper 3 (Indian Economy) GS Paper 2 (International Relations) Economics International Relations 4m
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